⚠ Notice: SCAC Restructuring

The Stanford Securities Class Action Clearinghouse (SCAC) is currently under construction and is temporarily unavailable as it undergoes updates and improvements. The Clearinghouse is expected to return as part of the Stanford Rock Center for Corporate Governance in Winter 2026.

During this period, updates and new filings will not be available.

For urgent inquiries, please contact rockprograms@law.stanford.edu.

Processing your request


please wait...
Stanford Law School Securities Class Action Clearinghouse a Collaboration with Cornerstone Research

Case Page

 

Wayfair Inc.

Case Summary

Wayfair Inc. Securities Litigation

Case Summary

Case Status:    DISMISSED  
—On or around 07/08/2020 (Court's order of dismissal)
Current/Last Presiding Judge:  
Hon. Douglas P. Woodlock

Filing Date: January 10, 2019

According to the Complalint, Wayfair Inc. is an online purveyor of household retail goods.

The Complaint alleges that during the Class Period, Defendants made false and misleading statements and/or failed to disclose adverse information regarding Wayfair’s business and prospects, including that Wayfair had been experiencing significantly diminished demand for its online product offerings and had significantly increased advertising spending to grow sales.

On April 1, 2019, the Court issued an Order consolidating cases and appointing Lead Plaintiff and Lead Counsel. Lead Plaintiff filed a consolidated Complaint on July 1. Defendants filed a Motion to Dismiss the consolidated Complaint on August 30. On July 8, 2020, the Court issued an Order granting Defendants' Motion to Dismiss.

Protected Content


Please Log In or Sign Up for a free account to access restricted features of the Clearinghouse website, including the Advanced Search form and the full case pages.

When you sign up, you will have the option to save your search queries performed on the Advanced Search form.